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This book takes a completely new and innovative approach to analyzing the development of EU law. Within the framework of different important areas of EU law, such as the environment, competition, the internal market, foreign policy, legal translation and terminology etc., it examines the Union's approach to the regulation and management of legal risks. Over the years the Union has come to a point where it is becoming increasingly difficult to justify its authority to regulate in various areas of law. Namely, in managing legal risks deriving from the diversity of Member States' laws, which create barriers to trade and hinder the Union's economy, the Union itself has actually produced new legal risks that now have to addressed. This failure on the part of EU institutions to manage legal risks has contributed to legal uncertainty for actors operating on the internal market. This book is intended to contribute to the Union's smoother functioning and continuing development by proposing effective concrete solutions for managing legal risks in EU law. Presenting new approaches in this context, the book will actively promote the improvement of the EU lawmaking process and the application of EU law in practice.§